6min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#24: Fred Hickey On Trusting In Your Own Research And Experience

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Paying Attention to Macro Trends

I never even owned an ounce of gold until 1998 and I started buying a little bit then just gold. It wasn't until the crash of 2000 2000 tech crash that I said to myself, this is a major crash,. This is a secular end to this big bull market. And so I did end up buying. I had got out all my puts by by October 2002, which is right about the bottom. Unlike these tech companies that might have had success with it, doesn't grow in time like other precious metals do.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode